Indexventures 350 million euros to invest in European start-ups

Recently, according to foreign media reports, well-known venture capital company Index Ventures has raised € 350 million for its sixth initial venture capital fund, most of which will be used to invest in European technology start-ups, while the rest is invested in Israeli and American companies, which is a tonic for dream start-ups.

"For our last fund, we were surprised that the proportion of transactions we made in the United States was much higher than we had expected," said Mike Volpi, ventures partner at Index Mack Volpi. We wanted to make the ratio 33.3%, but it actually reached about 40%. I think it reflects the richness of American market companies over the last few years, especially technology companies. The number of deals we have reached in New York is also higher than we expected. ”

In the summer of 2009, when the fifth fund was raised, Index Ventures's goal was to invest in technology, life sciences and clean energy companies. However, the company soon decided that it would not be appropriate to invest the same fund in the field of life science and technology, which set up a 150 million-euro fund for the life sciences earlier this year. Index Ventures later also financed a specialized fund for initial investment, and companies in its portfolio included the American Handicrafts Consumer-to-consumer website Etsy, the cloud storage company Dropbox and the fashion clothing sales platform nasty Gal.

For the Clean technology field, Volpi said the Index ventures will not be too much to consider. "We'll consider a lot of deals, but we don't think they have the potential to invest in technology because they're too reliant on subsidies." We've invested in companies, including a tyre recycling company, but it's still not our focus. "(Hao Hui)